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Second-Generation Restaurant Space
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For Lease
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3367 East 86th Street, Indianapolis, IN 46240

Existing restaurant improvements include a hood and support continued food-service use.

Space SizeContact for details
Days on Market2

Property Features for 3367 East 86th Street

General Information

Standard status Active
Property subtype Retail

Additional Details

Space Use Restaurant
Commercial Hood Yes
Listing Agency: CBRE | Indianapolis
Listed By: Diana Zagarzhevskiy · License #RB20001523
Source: Cbre
Added: Aug 30 Changed: Aug 31 Last Checked: Aug 31 at 1:30PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Indianapolis

Investment Insights

Based on property information with market context.

This second-generation restaurant space at 3367 East 86th Street includes a hood and existing improvements associated with restaurant operations. The property is positioned within the 82nd/86th Street retail corridor in Indianapolis, with convenient access to nearby commercial and hospitality uses.

Keystone at the Crossing Business Park is located less than one mile away and includes five office buildings totaling more than 1.2 million square feet, 121 businesses, and more than 3,000 employees. Five hotels with a combined 1,000+ rooms are within walking distance. The surrounding 5-mile area includes 184,262 residents and 193,073 employees, while downtown Indianapolis is 12 miles to the south.

Key Highlights

  • Second‑generation restaurant space with existing hood
  • Less than one mile from Keystone at the Crossing Business Park
  • Business park includes five office buildings totaling 1.2+ million square feet

Property Analytics

Current Use

Bella Pizzeria Restaurant Paco's Taqueria Restaurant

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Grocery & Convenience Store Carpet & Flooring Store (Bike/Boat/Book/etc) Store Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Commercial hood
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,952
Businesses Nearby
Under-served
Demand for This Use

Demographics for 46240, IN

20,148
Population
11,673
Households
1.7
Avg Household Size
40
Median Age
59%
College-Educated
96%
High-School Grad
9.8 sq mi
ZIP Area
2,056
Density / Sq Mi
$70,728
Median Household Income
$51,822
Median Earnings
$1,255
Median Rent
$328,600
Median Home Value

Market

Vacancy Rate% for Retail in Indianapolis, IN

6.6% 2019
7.4% 2020
6.4% 2021
5% 2022
4.7% 2023
4.6% 2024
4.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Existing restaurant improvements include a hood and support continued food-service use.
Where is this conventional restaurant located?
The property is located at 3367 East 86th Street Indianapolis, IN.
What are key features of this property?
This property features: Second‑generation restaurant space with existing hood; Less than one mile from Keystone at the Crossing Business Park; Business park includes five office buildings totaling 1.2+ million square feet
More about this property
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